Palo Alto (PANW)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2025-08-19 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Palo Alto Networks Inc (PANW) CIK: 0001327567 --- Reporting Owner --- Name: Paul Josh D. CIK: 0001882285 Role: Officer (Chief Accounting Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2025-08-19 | Code: A (Grant or award) Shares: +14,393 | Price: $0.00 Shares Owned After: 60,398 | Ownership: D (Direct) Footnotes: [F1] Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the RSUs will vest on August 1 of 2026, 2027, and 2028, subject to the Reporting Person continuing to be a Service Provider through each vesting date. [F2] Holdings as of the filing date of this Form 4. --- Footnotes (Complete Index) --- F1: Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the RSUs will vest on August 1 of 2026, 2027, and 2028, subject to the Reporting Person continuing to be a Service Provider through each vesting date. F2: Holdings as of the filing date of this Form 4. --- Signature --- /s/ /s/ Elizabeth Villalobos, Attorney-in-Fact for Josh D. Paul (2026-01-27)